The MetaTrader 5 (MT5) platform is the next generation of trading platforms to roll off the production line at MetaQuotes. MT5 is the direct successor of the most well-known and popular trading platform, MetaTrader 4 (MT4) – that was designed for forex and futures trading.
To take your trading to the next level, you should consider upgrading to the MT5.
MetaQuotes has integrated all of the features that made MT4 the excellent trading platform that it is, and improved them. If you choose to trade on the MT5 platform with OnTradePro, you can take advantage of the latest version of MT5 which has activated all Expert Advisors (EA), signals trading and most importantly, includes the capability to hedge positions.
This latest version of MT5 makes all the difference to professional traders, as many brokers running older versions of the platform do not allow you to hedge your positions. OnTradePro tight and long-standing relationship with MetaQuotes means that we’re always at the forefront of developments, and offering the ability to hedge in MT5 is no different.
OnTradePro has located our NY4, MT5 Equinix Server in New York for a reason. This is due to the location of our primary liquidity providers, and that means all our clients can experience fast trade executions when they trade on MT5 through OnTradePro.
While retaining the familiar look and feel of MT4, MT5 is truly a next-generation multi-asset trading platform.
MT5 offers a full set of trading orders for flexible CFDs on forex, commodities and indices trading, with access to OnTradePro is liquidity provider’s market depth at your fingertips. MT5 allows you to see where the big orders are sitting on the price ladder, and let you plan your trading strategy accordingly.
MT5’s addition of a two position accounting system (netting and hedging), allows traders to maintain full risk management control of their account, in their own way. At OnTradePro, we understand how important the management of risk is, and we don’t want our clients’ trading platform to be an unwanted restriction to their trading journey.
View up to
21
Timeframes
Trading on MT5 with your OnTradePro account can help you to gain an edge when trading. Lightning-fast execution speeds, low spreads, and even more powerful charting capabilities than MT4 are just some more of the features that make MT5 so powerful.
MT5 allows traders to use more timeframes on an unlimited number of charts in their watchlist. Have you ever wanted to see how your trading strategy would run off the 12-minute charts, but been restricted by MT4’s limited timeframe capabilities? With 21 timeframes and one-minute history of quotes available on MT4, moving to MT5 is the smart choice for flexibility.
MT5’s inbuilt system of alerts are also designed to help traders keep track of all the important market events, without having to consult an external economic calendar. You never have to miss a tick when you’re trading on MT5.
Advanced
Expert Advisor (EA)
Backtesting algorithms
If you choose to run MT5 Forex trading signals, what you’re doing is requesting the software to monitor the trades of other expert/professional traders, and then having your own MT4 terminal copy what the target trader is doing.
Usually, you would pick a professional trader to receive trading signals from, and by using the MetaTrader Market, the professionals have already been screened for you. All MT5 trading signals available have been thoroughly tested before being pre-approved by the platform’s developers, meaning all the trading signals available to trade through your MT5 platform are valid.
Don’t forget that an advanced MQL5 programming language has been implemented, for an even better EA and automated trading adoption experience.
Access over
3,200
Professional trading signals
Most importantly, making the switch from MT4 to MT5 is seamless. If you’re a new OnTradePro client then simply fill in the information required to open an account and you will be able to use MT5 within minutes.
If you’re already a client of OnTradePro who trades on the MT4 platform, simply log into your client portal, click open an additional account, and select MetaTrader 5 (MT5). You can take your trading to the next level on MT5!
The MT5 mobile app allows you to connect to the OnTradePro servers on the go, 24/7, and for free. But if you’re looking for an on the go solution that is a little more powerful, remember, you can use the MT5 WebTrader platform without downloading or installing additional applications. What this means is that you are able to trade from any browser and operating system anytime, anywhere. All you need is reliable Internet connection.
Minimum
$50
Account opening balance
Yes, you can trade Contract for Differences (CFDs) on MT5, OnTradePro offers CFD Trading for forex, indices, shares and commodities. You can trade these CFDs on both MT4 and MT5 trading platforms.
You can trade CFDs for forex, indices, shares, and commodities on MT5. This means access to the highly traded forex pairs, leading indices, top companies listed on stock exchanges, popular cryptocurrency tokens and more.
MT5 can be a suitable trading platform for all types of traders, from beginner to expert. As a beginner, MT5 allows you to gain access to a variety of tools for your fundamental and technical analysis.
With the latest version of MT5, you can also tap on the support of Expert Advisors (EA), trading signals and the capability to hedge positions. The MT5 platform can be accessed anywhere, anytime, and is available on both mobile app and web browsers.
Yes, you can use MT5 to trade share CFDs on Vantage. Shares that you can trade include Apple (AAPL), Tesla (TSLA), Microsoft (MSFT), Netflix (NFLX), Alphabet (GOOG) and more.
MetaTrader5 (MT5), like MetaTrader 4 (MT4), is a well-known, industry-leading platform created by MetaQuotes that offers a wide variety of custom indicators and Expert Advisors (EA).
MT5 is the new and improved version of the MT4. While the MT4 was designed for forex and futures trading, the MT5 suits multi-asset trading. With MT5, you can gain access to trading tools for chart analysis, and have the opportunity to trade automatically by using trading robots or signals.
Choose an account type and submit your application.
Fund your account using a wide range of funding methods.
Access 1000+ CFD instruments across all asset types on MT4 / MT5.